ICF International (NASDAQ:ICFI) Rating Lowered to Hold at StockNews.com

StockNews.com downgraded shares of ICF International (NASDAQ:ICFI - Free Report) from a buy rating to a hold rating in a research report report published on Monday.

A number of other analysts have also recently issued reports on the company. D. Boral Capital reissued an "outperform" rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. Barrington Research reduced their price target on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a report on Monday. Truist Financial lowered their price target on ICF International from $180.00 to $140.00 and set a "hold" rating for the company in a research note on Friday, November 22nd. Sidoti raised shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price objective on the stock in a research report on Tuesday, November 19th. Finally, Canaccord Genuity Group reissued a "hold" rating and issued a $100.00 target price (down from $200.00) on shares of ICF International in a research report on Friday, February 28th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.20.

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ICF International Stock Up 4.3 %

NASDAQ ICFI traded up $3.50 during trading on Monday, reaching $84.65. 323,878 shares of the company's stock were exchanged, compared to its average volume of 316,650. The firm has a market capitalization of $1.56 billion, a PE ratio of 14.88 and a beta of 0.56. ICF International has a fifty-two week low of $75.91 and a fifty-two week high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The company's fifty day simple moving average is $113.00 and its 200-day simple moving average is $140.38.

ICF International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 28th. ICF International's dividend payout ratio is currently 9.61%.

Hedge Funds Weigh In On ICF International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its position in ICF International by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 442,995 shares of the business services provider's stock worth $52,822,000 after purchasing an additional 2,010 shares during the last quarter. Systematic Financial Management LP lifted its stake in shares of ICF International by 0.9% in the third quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider's stock valued at $46,542,000 after buying an additional 2,484 shares during the period. Tributary Capital Management LLC grew its position in ICF International by 10.9% during the fourth quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock worth $25,256,000 after buying an additional 20,861 shares in the last quarter. BNP Paribas Financial Markets increased its stake in ICF International by 411.7% during the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock valued at $10,756,000 after acquiring an additional 72,595 shares during the period. Finally, Tudor Investment Corp ET AL raised its holdings in ICF International by 5,171.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock valued at $8,810,000 after acquiring an additional 72,502 shares in the last quarter. Institutional investors own 94.12% of the company's stock.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.